🚨 FIL SELL-OFF WARNING — $50.4K IN LONG POSITIONS WIPED OUT!

Filecoin bulls are under pressure! 🔴 A reported $50,400 in leveraged long positions was liquidated at $1.035, putting this level on traders’ radar as FIL approaches a critical decision point.

📌 LIQUIDATION SNAPSHOT

- Coin: Filecoin ($FIL)
- Liquidation Type: Long positions
- Liquidation Value: $50,400
- Liquidation Price: $1.035

📉 THE LEVELS THAT MATTER

🔻 Key Support: $1.035
🐻 Downside Trigger: A confirmed break below $1.03 could expose $1.00, with $0.98 as a further support area to monitor.
🟢 Recovery Barrier: $1.05–$1.06
🚀 Bullish Shift: A sustained move above $1.06 could improve the short-term outlook and encourage a recovery attempt.

🎯 MY NEXT-MOVE VIEW: BEARISH CAUTION

FIL could remain vulnerable if sellers keep price below $1.05. Losing the $1.03 area may increase downside pressure, while a strong reclaim of $1.06 would weaken the bearish setup.

⚡ TRADER'S EDGE: Don't mistake a liquidation event for a confirmed breakdown. Watch volume and price reaction around $1.035 before considering a trade. The next move depends on whether buyers defend the level or sellers push through it.

⚠️ Risk Disclaimer: These are conditional technical scenarios, not guaranteed targets. Use disciplined position sizing and a stop-loss, especially when trading leveraged altcoins.

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